AbelaPharm takes over pharma plant in Stari Banovci – Expansion and purchase of new machines to follow

The pharma company AbelaPharm, a regional leader in the production and distribution of dietary supplements, has announced that it acquired the pharmaceutical factory in Stari Banovci from Germany's Stada today.

This is the second factory owned by AbelaFarm, which has invested EUR 6 million in procuring equipment, machines, facilities, production processes and licenses from renowned European and world companies in the past year and a half.

– This is good news for Serbia and the region, especially considering how rare it is that a regional company buys a production facility from one of the largest producers of generic medical drugs in Europe – the press release reads.

It was announced that the plant in Stari Banovci, which is a source of income for more than 100 families and in whose construction and equipping EUR 4 million was invested, would be further modernized through adaptation, expansion and purchase of new machines, as well as that the new plant would increase the capacities and enable a further expansion of the company, which already exports to the markets of Europe, EU, and Africa and is expected to soon start exporting to Asia as well.

Abela Pharm Beograd

STADA Grupa

AbelaPharm

Stada Group

pharma plant in Stari Banovci

production of medical drugs